Discounted 767 Tankers Approved | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.21.25

Airborne-NextGen-04.22.25

AirborneUnlimited-04.23.25

Airborne-FltTraining-04.24.25

AirborneUnlimited-04.25.25

Sat, May 24, 2003

Discounted 767 Tankers Approved

Oh, NOW I Get It

The continued discounting by Boeing on the B-767 tanker lease airplanes was puzzling, right up until the last minute. Now, the DoD explains what happened:

Under Secretary of Defense for Acquisition, Technology and Logistics Edward C. "Pete" Aldridge (right) has announced the approval of the Air Force KC-767 tanker lease initiative. In the next step, the Secretary of the Air Force will forward a report to Congressional oversight committees detailing the terms and conditions for review and approval.

The agreement provides for leasing 100 KC-767 aircraft from the Boeing Co. for six years starting in 2006, at a cost of $131 million lease price plus an additional $7 million in lease-unique costs per aircraft. The total cost will be less than $16 billion. The initiative also includes a provision to purchase the aircraft for about $4 billion at the end of the lease 2017.

The strategy allows the Air Force to begin replacing the KC-135E tanker fleet three years earlier than planned. With an average age of over 43 years, the KC-135E fleet is the oldest combat weapon system in the Air Force inventory. [We don't know where they classify the B-52; it's their words --ed.]

The KC-767 will be the world's newest and most advanced tanker. It can offload 20 percent more gas than the KC-135E and unlike the E-model, can itself be refueled in flight. It will also have the capability to refuel Air Force, Navy, Marine and allied aircraft on every mission.

FMI: www.dod.gov

Advertisement

More News

FAA Rescinds Onerous Medical Denial Policy

Pivots To Educating Pilots On Facilitating Applications On April 23, the acting administrator of the FAA announced that the agency will not move ahead with its policy of issuing de>[...]

Aero-News: Quote of the Day (04.28.25)

“While legendary World War II aircraft such as the Corsair and P-51 Mustang still were widely flown at the start of the Korean War in 1950, a new age of jets rapidly came to >[...]

Klyde Morris (04.28.25)

Klyde Will Not Be Denied Access To His Sports... FMI: www.klydemorris.com>[...]

Boom Gears Up to Test Symphony Engine in Colorado

Supersonic Manufacturer Selects Colorado Air and Space Port for Testing Boom Supersonic, manufacturer of the XB-1 jet, recently announced that it would be using the Colorado Air an>[...]

Airmen Medical Applications Hit Record Numbers

Agency Seeks Public Advice as the Medical Process Grows Overwhelmed As airmen medical applications reach an all-time high, the FAA is turning to the public to review questions, com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC